Death escrow? MBE Forum
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Anonymous posting is only appropriate when you are sharing sensitive information about bar exam prep. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned."
- CLSGumbo
- Posts: 58
- Joined: Tue Jul 19, 2016 7:04 pm
Death escrow? MBE
I feel like I've seen death escrow both ways on the MBE. That it's a valid transfer, and other say its not a valid present transfer. Any ideas?
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- Posts: 51
- Joined: Wed May 20, 2015 2:01 am
Re: Death escrow? MBE
If the grantor retains control over the deed, i.e., has the ability to recall or revoke the deed or otherwise to cancel the conveyance, then it is not a valid transfer. It can only be valid if the conveyance is irrevocable and beyond the control of the grantor.CLSGumbo wrote:I feel like I've seen death escrow both ways on the MBE. That it's a valid transfer, and other say its not a valid present transfer. Any ideas?